Not only do Balls’s austerity gestures fail to appease Labour’s opponents while alienating its natural supporters still further. They also ignore the disastrous record of austerity in Britain and across Europe, even on its own terms. Osborne’s four-year squeeze delivered three years of recession and stagnation, a forecast deficit of £75bn instead of a balanced budget and the longest fall in living standards since the 19th century’, writes Seumas Milne in the Guardian, stating a plain truth that appeared to evade many delegates at the recent Labour Party conference:
http://www.theguardian.com/commentisfree/2014/sep/24/austerity-labour-core-voters-ed-miliband
